Amar Raja Intraday Traders can use the below mentioned levels Buy above 856 Tgt 861,865 and 871 SL 853 Sell below 850 Tgt 846,840 and 833 SL 853 BPCL Intraday Traders can use the below mentioned levels Buy above 903 Tgt 906,911 and 915 SL 900 Sell below 896 Tgt 892,887 and 883 SL 900… Read More »
FII’s bought 9.4 K contract of Index Future worth 556 cores ,2.3 K Long contract were added by FII’s and 7 K short contracts were liquidated by FII’s. Net Open Interest decreased by 4.7 K contract, so today’s rise in market was used by FII’s to enter long and exit shorts in Index futures.Trading Success Mantra:How… Read More »
Bank Nifty broke 16880 level in intraday but was to close above it, Close above 16880 is important for move till 17031/17396 levels, We need to see if we get follow up move tomorrow as Bank nifty closed above 16880 .Trading Success Mantra:How We Handle Trading Fears Bank Nifty December Future Open Interest Volume is… Read More »
A future Contract is an agreement between two parties to BUY or SELL an underlying asset, including stocks, indices,commoditities or currency, at a certain time in the future at a certain price. Futures contracts are standardized and are traded on the exchange. To facilitate liquidity in futures contracts, the exchange defines certain standard specifications for … Read More »
As discussed in last analysis Bank Nifty bounced as we have discussed and closed just above the new demand zone of 16573, Holding the same we can see move towards 16578 and 16880. These are 2 levels we have gann resistance also as shown in 2 chart. Support is at 16286/16024. Bank Nifty opened gap… Read More »
Bank Nifty again went near the new demand zone quickly recovered all the looses, closed well above the new demand zone of 16286. Bulls can push prices towards 16573/16758, strong support exits near the gann green arc as shown in second chart, closing above the gann line @16580 can push prices all the way towards… Read More »
Last week we gave the Chopad level of 16980 Bank Nifty gave short entry and continued with the fall throughout the week achieved all 3 target on downside. Lets analyze how to trade Bank Nifty in coming week. Bank Nifty Hourly Bank Nifty finally broke the pyrapoint range and saw a big fall, range breakdown… Read More »
Last week we gave Chopad Levels of 7850 , Nifty opened below Chopad levels, made high of 7825 and short Intitated during first were rewarded with all three target done by Friday. Nifty made low of 7575 which was near 52 week low of 7539.Lets analyze how to trade market in coming week which will… Read More »
As discussed in previous analysis Bank Nifty broke support near gann arc and trendline as shown in below 2 charts, Bank Nifty closed below 16850 bank nifty moving towards 16587/16300. Low made today was 16260 near 16300. Breaking of todays low 16260 can see fast move towards green gann arc 16000. Trade as per your… Read More »
I generally do not discuss Politics on my site but Seeing the Mockery Congrees is creating in Parliament and obstructing country growth by not letting Parliament run Let me explain to my Readers all the Fuss about National Herald case in which Mrs Sonia Gandhi and Rahul Gandhi have been asked to be present in… Read More »